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Advanta India gains after setting record date for stock-split

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Meanwhile, the S&P BSE Sensex was down 146.52 points or 0.77% at 18,996.48.

On BSE, 1,980 shares were traded in the counter as against average daily volume of 1,699 shares in the past one quarter.

The stock hit a high of Rs 860 and a low of Rs 820.70 so far during the day. The stock had hit a 52-week high of Rs 1,176.95 on 22 February 2013. The stock had hit a 52-week low of Rs 460.70 on 26 July 2012.

The stock had outperformed the market over the past one month till 11 June 2013, surging 7.66% compared with the Sensex's 4.87% fall. The scrip had, however, underperformed the market in past one quarter, falling 19.18% as against Sensex's 2.56% decline.

 

Advanta India's consolidated net profit fell 58.1% to Rs 5.61 crore on 14.6% decline in net sales to Rs 218.16 crore in Q1 March 2013 over Q1 March 2012.

Advanta India is a multinational seeds company with focus on crops like sunflower, rice, corn, mustard, cotton and vegetables.

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First Published: Jun 12 2013 | 12:22 PM IST

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